Cybersecurity risks pose serious threats to investors, capital markets, and the country. Observably, the risk-concern is the dependency of the U.S. economy on effective cybersecurity and resiliency which are the life-blood of reliable information and communications technology, systems, and networks.Continue reading
In the same way that AIS, MIS and ERP information systems bring control, transparency, effectiveness and coordination to financial and business transaction flows, an ACGIS brings accountability and coordination to the digital security and resiliency of those business and financial transactions and systems. Continue reading
Pilots choose a course of actions and follow procedures for navigation dependent upon conditions. They follow Visual Flight Rules (VFR) or Instrument Flight Rules (IFR) as circumstances dictate. A pilot can fly VFR if conditions are unobstructed but will navigate by IFR if there is any chance that conditions might change (IFR is suitable for VFR conditions-the reverse is not true). The struggle for many organizations today is that they are following the equivalent of VFR for cyber when IFR is required. The equivalent of navigating by IFR for today’s digital businesses is Active Cyber Governance.Continue reading
Cybersecurity threats exploit the increased complexity of business-critical information and infrastructure systems. It is an omnipresent and ever-evolving hazard that extends from enterprise-to-enterprise, rippling out into the economy. And it doesn’t end there. Continue reading
Organizations remain concerned about cybersecurity and cyber resiliency—the protection of sensitive data and the availability of their information systems. Company’s digital landscapes are continuing to expand to maintain relevance and competitive advantage—creating a larger attack vector, at the same time the cyber threat landscape is rapidly changing and advancing. The dilemma is that the technology controls implemented today to address the threat landscape quickly become inadequate. That dilemma, let’s call it the Cyber-Quandary Curve, is a new operating reality for organizations.Continue reading
Governance distilled down to its simplest form is matching resources to business mission. Within the context of a business enterprise, effective governance provides guidance, line-of-sight and alignment between business activities, mission and goals—especially in times of significant change when business and industry alter direction.Continue reading
New York State’s Department of Financial Services (DFS) passed a cybersecurity regulation directed at financial institutions doing business in the state. The regulation, 23 NYCRR Part 500, is in response to an ever-growing threat posed to information and financial systems by nation-states, terrorist organizations and independent criminal actors.Continue reading